Global X U.S. Preferred ETF (NYSEARCA:PFFD) Sets New 12-Month Low – Here’s What Happened

Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFDGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $18.05 and last traded at $18.0390, with a volume of 84638 shares. The stock had previously closed at $18.17.

Global X U.S. Preferred ETF Trading Down 0.6%

The business has a 50-day moving average price of $18.49 and a two-hundred day moving average price of $18.72.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. WealthPlan Investment Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter worth about $2,285,000. FF Advisors LLC boosted its stake in Global X U.S. Preferred ETF by 31.6% during the 4th quarter. FF Advisors LLC now owns 120,569 shares of the company’s stock valued at $2,280,000 after purchasing an additional 28,956 shares during the last quarter. WealthTrust Axiom LLC increased its holdings in Global X U.S. Preferred ETF by 23.0% during the 4th quarter. WealthTrust Axiom LLC now owns 327,067 shares of the company’s stock worth $6,185,000 after purchasing an additional 61,236 shares in the last quarter. Texas Yale Capital Corp. increased its holdings in Global X U.S. Preferred ETF by 11.1% during the 4th quarter. Texas Yale Capital Corp. now owns 340,590 shares of the company’s stock worth $6,441,000 after purchasing an additional 34,041 shares in the last quarter. Finally, Flaharty Asset Management LLC raised its stake in shares of Global X U.S. Preferred ETF by 4.0% in the fourth quarter. Flaharty Asset Management LLC now owns 1,122,939 shares of the company’s stock worth $21,235,000 after purchasing an additional 43,052 shares during the last quarter.

About Global X U.S. Preferred ETF

(Get Free Report)

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.

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